XML 51 R37.htm IDEA: XBRL DOCUMENT v3.22.4
REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 25, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue Revenue has been disaggregated into the following categories below to show how economic factors affect the nature, amount, timing and uncertainty of revenue and cash flows:
Year Ended December 25, 2022
FreshPreparedExportOtherTotal
(In thousands)
U.S. $8,624,421 $1,107,734 $552,823 $463,372 $10,748,350 
U.K. and Europe908,882 3,104,347 712,685 148,824 4,874,738 
Mexico1,587,809 167,589 — 89,891 1,845,289 
Total net sales$11,121,112 $4,379,670 $1,265,508 $702,087 $17,468,377 
Year Ended December 26, 2021
FreshPreparedExportOtherTotal
(In thousands)
U.S.$7,264,448 $898,614 $459,371 $491,446 $9,113,879 
U.K. and Europe1,151,330 2,214,180 458,588 109,964 3,934,062 
Mexico1,515,453 128,208 — 85,856 1,729,517 
Total$9,931,231 $3,241,002 $917,959 $687,266 $14,777,458 
Year Ended December 27, 2020
FreshPreparedExportOtherTotal
(In thousands)
U.S.$6,137,264 $714,563 $306,478 $337,712 $7,496,017 
U.K. and Europe1,594,373 1,237,486 297,414 145,019 3,274,292 
Mexico1,210,952 66,572 — 44,068 1,321,592 
Total$8,942,589 $2,018,621 $603,892 $526,799 $12,091,901 
Changes in Revenue Contract Liability
Changes in the revenue contract liability balances for the years ended December 25, 2022 and December 26, 2021 were as follows:
December 25, 2022December 26, 2021
(In thousands)
Balance, beginning of year$22,321 $65,918 
Revenue recognized (19,712)(60,764)
Cash received, excluding amounts recognized as revenue during the period31,877 17,167 
Balance, end of year$34,486 $22,321